Position of Kisan Credit Cards for the period ended

Transcription

1 BANKING AT A GLANCE IN GUJARAT STATE DECEMBER, PARAMETERS TOTAL No. OF BRANCHES December, 2017 March, December, Growth Y-O-Y (Dec., 17 to Dec., 18) Growth Over March, CATEGORY OF BRANCHES RURAL SEMI - URBAN URBAN METRO TOTAL KEY INDICATORS (Amt. Rs. in Crores) DEPOSITS 6,34,730 (1.75%) 6,62,394 (6.19%) 6,75,228 (1.94%) 40,498 (6.38%) 12,834 (1.94%) ADVANCES 5,08,782 (10.60%) 5,39,392 (17.25%) 5,84,439 (8.35%) 75,657 (14.87%) 45,047 (8.35%) CREDIT DEPOSIT RATIO PS ADVANCES 2,22,899 2,27,008 2,62,266 39,367 35,258 (% Growth ) (% to advances) AGRI ADVANCES (1.22%) (48.45%) 79,309 (3.08%) (49.35%) 79,488 (15.53%) (48.62%) 84,869 (17.66%) (0.17%) 5,560 (15.53%) (-) 0.73% 5,381 (% Growth) (% to advances) MSME ADVANCES (9.83%) (17.24%) 92,299 (10.08%) (17.28%) 94,871 (6.77%) (15.73%) 1,19,818 (7.01%) (-) 1.51% 27,519 (6.77%) (-) 1.55% 24,947 (% Growth) (% to advances) WEAKER SEC. ADV (5.76%) (20.06%) 39,328 (8.71%) (20.62%) 41,299 (26.30%) (22.21%) 46,133 (29.81%) (1.29%) 6,805 (26.30%) (0.73%) 4,834 (% Growth) (% to advances) (9.55%) (8.55%) (15.04%) (8.98%) (11.70%) (8.55%) (17.30%) (0.00%) (11.70%) (-) 0.43% Position of Kisan Credit Cards for the period ended Dec., 2017 March, Dec., GROWTH Y-O-Y (Dec., 17 to Dec., 18) Growth over March, Accounts 27,37,900 27,30,010 28,20,600 82,700 90,590 Amount 46,108 43,941 48,165 2,057 4,224 1

2 AGENDA No.1 Confirmation of the proceedings of last meeting The proceedings of the 159 th meeting of State Level Bankers Committee for the quarter ended September, held on 13 th December, were circulated to all the members on 7 th January, Since no comments / amendments have been received from any of the members, the House is requested to confirm the same. AGENDA No.2 FOLLOW-UP ACTION ON PENDING ISSUES: Sr. Issues Action taken 1 Development of online NIC, Gandhinagar had conducted a demonstration of the portal for sponsoring portal for major Banks on Banks had and tracking of loan suggested some addition / modification in the portal. NIC application of State had informed that the portal will be rolled out from Govt. Spon. Schemes Issuance of order for physical possession by District Magistrate under SARFAESI Act Issuance of order for physical possession by CMMs under SARFAESI Act, Preferance for Public Sector Banks in awarding Banking business of Government. 5 Waiver of Stamp duty on agreement for onboarding digital payment instrument by merchants NIC is requested to inform further action in the matter. As discussed during 159 th meeting, SLBC has submitted a list of 886 pending cases to Govt. of Gujarat vide latter dated with a request to pass on necessary instructions to district authority for disposal of SARFAESI cases in a time bound manner. State Govt. has requested all DMs for timely issuance of suitable orders under the Act. LDMs are advised to take up the same as regular agenda item and discuss in every DLCC / DLRC meeting. SLBC has submitted a list of 78 pending cases to DFS vide latter dated with an appeal to take up the matter with appropriate authority for timely disposal of applications filed by Banks under SARFAESI Act. DFS is requested to take up the matter with appropriate authority so that pendency of SARFAESI cases is cleared. SLBC vide letter dated requested State Govt. and DFS, MoF, GoI as well to prefer Public Sector Banks in awarding Banking business of Government. The State Govt. vide letter dated advised all District Collectors to award Banking business as per the instructions issued by MoF, GoI vide letter dated along with RBI letter dated SLBC vide letter dated requested Finance Dept., GoG to take up the matter for waiver of stamp duty on such agreement. State Government vide letter dated has informed that since the amount is quite miniscule and required to be paid only once, the State Govt. is not in favour to waive off. 2

3 AGENDA No.3 IMPLEMENTATION OF FINANCIAL INCLUSION : 3.1 Pradhan Mantri Jan Dhan Yojana (PMJDY) Progress under Opening of Accounts, issuance of RuPay Cards and Aadhaar Seeding as of : State No. of Accounts opened Rural Urban Total Aadhaar Seeded Accounts % of Aadhaar Total RuPay Cards issued Seeding % of RuPay Card issued Gujarat 70,76,027 63,14,709 1,33,90,736 1,08,09, % 1,10,50, % Bank-wise position in terms of Aadhaar Seeding, Zero Balance Accounts and RuPay card issued in PMJDY Accounts Annexure-A. Position with respect to operative CASA accounts: State vs. National Avg. Gujarat State National Average Total Operative CASA A/cs (in lakhs) % Aadhaar Seeded A/cs % Aadhaar Authenticated A/cs % Mobile Seeded A/cs % 46.75% 86.78% % 56.50% 83.00% As per the progress report dated 22 nd February, 2019 received from DFS, MoF, GoI, Aadhaar Seeding in operative CASA accounts in the State stood at 81.95% and average Aadhaar authentication stood at 46.75%, which is considerably below National average of 85.50% and 56.50% respectively. Under Mobile Number Seeding, the performance of the State stood at 86.78% against the National Average of 83.00%. The Bank-wise position in terms of operative CASA accounts Annexure-B. Continuation of Comprehensive Financial Inclusion Mission PMJDY The Dept. of Financial Services, MoF, GoI vide its letter dated 7 th September has informed about continuation of PMJDY scheme beyond with the change in focus of opening of accounts from every household to every adult with following modifications: (i) Existing overdraft limit to PMJDY account holders of Rs 5,000 has been raised to Rs 10,000 (ii) Age limit of account holders years has been revised to years (iii) There will not be any conditions attached for Over draft up to Rs 2,000 (iv) Accidental insurance cover for new RuPay card holders has been raised from Rs 1 lakh to Rs 2 lakhs to new PMJDY accounts opened after Social Security Schemes A. PMSBY and PMJJBY Progress in enrollments and claim settlement percentage (%) under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) & Pradhan Mantri Suraksha Bima Yojana (PMSBY) as of is as below: 3

4 Particulars PMJJBY PMSBY Total enrollment 24,31,770 57,65,394 Claim settlement status as on Claims lodged Claims Paid Claims Rejected Claims under process 29 8 Claims pending with issuer Settlement %age 95.27% 88.34% The Bank wise enrolment under Social Security Schemes is Annexure-C. Payment of Pro-rata premium for enrolment under PMJJBY In order to encourage eligible and potential account holders to join PMJJBY at a later stage (those who are enrolling in between policy period of 1 st June to 31 st May), the payment of pro-rata premium for enrolment under PMJJBY would be allowed, with the minimum premium of Rs 86/- for one quarter. Thus, if the PMJJBY enrolment takes place during the month of a. June, July, August- Annual premium of Rs 330/- is payable. b. September, October, & November 3 quarters of Rs 86 i.e. Rs 258/- is payable. c. December, January & February- 2 quarters of Rs 86 i.e. Rs 172/- is payable d. March, April & May 1 Quarter 86 is payable. B. Atal Pension Yojana (APY) The total enrolments under APY for last four years is as below: Particular FY FY FY FY (up to ) Total no. of enrolments 1,34,563 1,08,460 2,08,487 1,76,365 Average Enrolment per branch* *Total no. of authorized branches for APY in the State is 9176 The Dept. of Financial Services (DFS), MoF, GoI has set Bank-wise targets for the FY -19 as following: Sr. Category of Bank Target allotted 1 Major Bank (Includes PSBs, HDFC Bank, Axis Bank, ICICI Bank and J&K Bank) Target of 60 APY accounts per branch for FY Regional Rural Bank Target of 50 APY accounts per branch for FY Private Bank Target of 25 APY accounts per branch for FY Co-operative Bank Target of 15 APY accounts per branch for FY

5 Bank-wise achievement against the targets for F.Y. -19 (upto ), as provided by the PFRDA Annexure-D. Banks are requested to sensitize their Branches and gear up their efforts for achieving APY targets as set by the PFRDA. Perform for Pride (PFP) Campaign - 12 th to 19 th December, The Perform for Pride campaign under the aegis of DFS/PFRDA was conducted from 12 th to 19 th December,. The campaign envisaged facilitating best performing 15 branches from Major Banks, 5 branches from RRBs, 3 branches from Private Banks, 2 from Co-op. Banks and 10 post offices in the SLBC meeting qualifying following criteria: Major Bank 40 APY funded account / Branch RRB- 25 APY funded account / Branch Private Bank, Small Finance Bank & Payment Bank - 10 APY funded account / Branch Co-operative Bank 5 APY funded account / Branch. Under the campaign, 10 branches of Baroda Gujarat Gramin Bank (BGGB), 7 of Cooperative Banks, 5 of Bank of Baroda, 3 of Union Bank of India, 2 of Dena Bank, 2 of Saurashtra Gramin Bank and 1 each of Andhra Bank, Axis Bank & Canara Bank qualified for Award / Certificate of appreciation. Altogether these branches sourced 1335 accounts under the campaign of which 1320 accounts are already funded. APY Citizen s Choice Campaign in Gujarat - 24 th to 31 st December, The APY Citizen Choice Campaign was held from 24 th to 31 st December, in 9 districts of the State viz. Jamnagar, Junagarh, Amreli, Bhavnagar, Mehsana, Gandhinagar, Anand, Navsari, Dahod. In these 9 districts, LDMs organised Town Hall Meetings inviting customers and local people to create awareness on Atal Pension Yojana. 3.3 Financial Inclusion Plan : A. Opening of Banking Outlets in Unbanked Rural Centres RBI vide letter No. FIDD.CO.LBS.BC.No3712/ / dated 05 th June,, advised SLBC Convenor Banks to table the updated list of Unbanked Rural Centers in all SLBC meetings while reviewing the progress of providing Banking services in Unbanked Rural Centers. Moreover, as per directives of RBI, villages without Banking Outlet having population (i.e. Tier 5 centers) have been given separately on the SLBC website and the district-wise gap in opening of Banking-outlet in identified villages having population is Annexure-E. By the quarter ended December, in total identified 403 Tier 5 centers, Banking Outlets have been found present in 167 centers and in 236 centers Banking Outlets are yet to be opened. Therefore, Banks are requested to expedite opening of Banking Outlets in URCs which would also help them to comply with RBI s criteria of opening of at least 25% of total Banking Outlets in URCs, as per RBI circular dated 18 th May Since the present marking of URCs for opening of Banking Outlets is valid till 31 st March, 2019, Banks planning to open Banking Outlets are requested to earmark URCs on online SSA portal for FY

6 B. Deployment of additional BCs in locations not having Banking facility within 5 Kms: DFS, MoF, GoI vide it s letter dated 17 th May, circulated the nationwide list of 8,536 uncovered villages where Banking services is not available within vicinity of 5 km. Out of these 8,536 villages, 755 villages of Gujarat State were identified for opening of Banking Outlet. However, 12 villages allotted to State Bank of India for opening of Banking Outlet in the State have been delisted, owing unviability for engaging Banking Correspondent, as these villages were either having no inhabitant or less than 100 inhabitants, as represented by State Bank of India. Though these 12 villages have been delisted for opening of Banking Outlet, State Bank of India to ensure delivery of Banking services through part time Banking Outlet in these villages. Bank / District wise progress made in opening of Banking Outlet in the identified 755 locations of Gujarat Annexure-F and Annexure-G. As per latest progress report received from various Banks, out 743 (755-12) identified villages 734 villages are covered with Banking Correspondents, 8 villages are under process to be covered by Central Bank of India and 1 village allotted to DCB Bank in Bharuch District still remains non-reported. It was further advised by the DFS that while appointing a BC, preference is to be given to members of Self Help Group (SHG), as Ministry of Rural Development (MoRD) will be providing grant assistance for Tablet / Micro ATM in case an SHG member is appointed as BC. The list of SHG Members potential to be engaged as BC is made available vide web link on the website of Ministry of Rural Development (MoRD) and the same was shared with concerned member banks vide our letter dated 14 th August. Besides engagement of BCs in 743 identified locations, it has also been advised by the DFS to complete activation / replacement of existing inactive BCs. C. List of vacant position of Banking Correspondents to be provided to GLPC and sitting arrangement of Bank Sakhi at Branch level In the meeting of 17 th Sub Committee of SHG held on 28 th February 2019, Gujarat Livelihood Promotion Company (GLPC) requested for list of vacant position of Banking Correspondents from various Banks, as eligible and qualified Bank Sakhi could be appointed to fill the vacant positions of Banking Correspondents in various Banks. Hence, Banks are requested to mail list of such vacant positions to GLPC on gmmf@glpc.co.in and md@glpc.co.in with a copy to SLBC Department. Govt. of India has developed Community Based Recovery Mechanism (CBRM) aimed at minimising NPA level of SHG accounts, so as to facilitate the increased credit flow to SHG. The CBRM is to be formed at Bank Branch level consisting Branch Manager as a chairman and Taluka Level Manager from GLPC, Bank Mitra/Bank Sakhi, representatives from Village Organisations as a members. Controlling Head of Banks may also look into required policy level changes which would enable sitting arrangement of Bank Sakhi at Bank branches. 6

7 D. Coding of accounts of Self Help Groups in the CBS system of various Banks In the meeting of 17 th Sub Committee of SHG held on 28 th February 2019, It was observed that accounts of Self Help Groups (SHGs) in the CBS system of various Banks are not properly coded resulting in variation in reporting of credit linked SHGs, under achievement of targets under SHGs credit linking and also of Priority sector and weaker section lending targets of various Banks. Hence, Banks are requested to verify whether the SHGs accounts being coded properly and wherever there proper coding are not adhered to, data cleansing to be taken up with utmost priority. E. Classification of Model of Banking Correspondent as Banking Outlet As per the Rationalization of Branch Authorization policy of RBI issued vide circular no. DBR.No.BAPD.BC.69/ / dated 18 th May 2017 and further clarification provided by Regional Office, RBI, Ahmedabad vide dated ; if the existing Banking Correspondent (BC) model of various Banks satisfies following stipulations then the BC model currently being employed by Banks could be classified as Banking Outlet (BO): a. Fixed point service unit carrying uniform signage with name of the bank and authorization from it including contact details of the controlling authorities. b. Should be manned by either bank s staff or its Business Correspondent (BC). c. Should provide services of acceptance of deposits and cash withdrawal for a minimum of 4 hours per day for at least five days a week (The working hours/days need to be displayed prominently). d. Should have complaint escalation mechanism. e. Besides above points the bank should have a regular off-site and on-site monitoring. In addition to above mandatory conditions, the BO may also extend facilities like encashment of cheques and lending of money. SLBC has been following up with various Banks to confirm whether the existing BC model, currently being employed by various Banks qualifies to be classified as BO. So far, Bank of Baroda (435), Dena Bank (260), Bank of India (42), Central Bank of India (175), Indian Overseas Bank (63), Vijaya Bank (8) & Saurashtra Gramin Bank (26) have classified their existing BC model as BO. Remaining Banks are requested to apprise the SLBC whether their existing BC model qualifies to be classified as BO, as classifying BC model as BO would go a long way in assisting covering the Unbanked Rural Areas (URCs) of the State. F. Performance of Aspirational Districts under Key Financial Inclusion parameters After successfully completion of saturating 758 villages of two aspirational districts i.e. Dahod and Narmada under Extended Gram Swaraj Abhiyan (EGSA), focus has now been shifted to improve the other financial inclusion parameters in these districts to bring them at par with other districts. The Govt. of Gujarat is reviewing the following parameters of all 33 districts on monthly basis. The performance of two aspirational districts i.e. Dahod and Narmada with respect of eight measurable parameters is as under. 7

8 Sr Parameter Dahod Narmada June 18 Sept. 18 Dec. 18 June 18 Sept.18 Dec.18 Disbt. under PMMY (Rs. Cr per 1 lakh pop.) PMJJBY (Enrolments per 1 lakh population) PMSBY (Enrolments per 1 lakh population) APY (Enrolments per 1 lakh population) No. of A/cs under PMJDY opened % Aadhaar seeded A/cs 75.50% 78.90% 80.18% 75.20% 77.90% 78.75% % increase in Agri. Fin. over previous qtr. (-) 0.98% 5.50% 8.62% 0.02% (-) 0.07% 11.04% 8 CD Ratio % % Though there is an improvement in almost all parameters during the quarter under review, Banks in these districts require much more efforts to bring the performance at par with other districts Financial Literacy Camps The State has 49 Financial Literacy Centres (FLCs) set up in all districts by respective Lead Banks and RRBs sponsored by them. Out of the above 49 FLCs, 1 FLC is in Metro, 33 are in Semi-urban and 15 FLCs are in Urban areas, whereas no FLC is opened in Rural Areas. Banks and FLCs were advised to organise the Financial Literacy Camps as per RBI letter dated. 2 nd March, Moreover, as per the above mentioned RBI letter, FLCs were advised to conduct special camps for a period of one year beginning April 1, Conduct of Financial Literacy camps by FLCs for the quarter ended Dec. Sr. Bank No. of FLC opened by the Bank 8 No. of Special Camps conducted No. of Target Specific camps conducted 1 Dena Bank State Bank of India Bank of Baroda Baroda Gujarat Gramin Bank Dena Gujarat Gramin Bank Saurashtra Gramin Bank Total Conduct of FL camps by Rural branches for the quarter ended Dec., : Total 8,003 camps have been conducted by 2,537 Rural branches of Scheduled Commercial (Including RRBs) during the quarter ended December. The category wise %age target achievement by Banks is as below:

9 Sr. Category of Bank Rural fullfledged branch 9 Target of Financial Literacy Camps Total no. of Camps conducted % age Target Achiv. 1 Public Sector Banks % 2 RRBs % 3 Pvt. Sector Banks % Total % The Bank wise percentage (%) of Target achievement is Annexure-H. Further, NABARD vide its circular no. 162/DFIBT-26/ dated 2 nd July has informed about need based support to Banks for conducting Financial Literacy Programs targeting different segments of population. Banks are requested to go through the said circular and apply for prior sanction to NABARD to avail the financial assistance. 3.5 Rural Self Employment Training Institutes (RSETI): A. Progress in construction of RSETI premises No. Particulars No. of District 1 2 RSETIs functioning in own building RSETIs functioining in Building allotted by the Govt. 15 Name of Districts Amreli, Banaskantha, Bharuch, Kheda, Kutch, Jamnagar, Junagadh, Mehsana, Patan, Porbandar, Rajkot Sabarkantha, Gandhinagar, Valsad and Surendranagar 1 Bhavnagar 3 Land yet to be allotted 1 Mahisagar Pending for approval of layout plan at District Authority Tendering under process and approval lying at Bank Level Construction work under progress Total 28 1 Ahmedabad 5 Chhotaudepur, Narmada, Surat, Panchmahal and Tapi 5 Anand, Dangs, Dahod, Navsari and Vadodara As MoRD, GoI has brought a closure clause for the infrastructure development aspect of the RSETIs w.e.f , Lead Banks in remaining 5 newly carved districts (Aravalli, Botad, Devbhoomi Dwarka, Gir Somnath and Morbi) have decided to impart necessary trainings as per existing set up. B. Issues related to Allotment of land for construction of RSETI premises As informed by Bank of Baroda, allotment / re-allotment of land for Mahisagar are still pending. Moreover, State Bank of India has requested District Authority for allotment of suitable land for RSETI, Bhavanagar. Govt. of Gujarat is requested to resolve this issue to enable the bank to start construction work of RSETI Ahmedabad.

10 C. No. of training programs conducted by RSETIs and Settlement Ratio Quarter ended Dec., Quarter ended Dec., No. of training Cumulative No. of Cumulative Prog. no. of training beneficiaries no. of conducted prog. since trained duringbeneficiaries during - 19 inception -19 trained Cumulative no. of trained beneficiaries settled Through Bank finance 62, ,976 15,296 2,09,486 (29.79%) Categorywise Cumulative no. of trainees Through own sources 83,759 (39.98%) Total 1,46,169 (69.78%) SC ST OBC Women Minorities Others 34,895 (16.66%) 62,704 (29.93%) 72,947 (34.82%) 1,76,510 (84.26%) (Figures in brackets show category wise percentage of number of trainees) District wise details are Annexure-I. 11,456 (5.47%) 3.6 Call Centre Services Toll Free Number for PMJDY and Toll Free Number for PMMY 27,484 (13.12%) As per instructions of Department of Financial Services, Ministry of Finance, Govt. of India, a Call Centre is being operationalized by SLBC (Gujarat) for attending the enquiries and for grievance redressal of the general public under Pradhan Mantri Jan- Dhan Yojana (PMJDY), Social Security Schemes and Pradhan Mantri MUDRA Yojana (PMMY) in Gujarat. Total expenses incurred during the quarter ended December are as under: Sr. No. Details Expenses (Rs.) 1 Remuneration Telephone expenses Total The bank wise details of proportionate expenses for the quarter ended December, has been conveyed to Member Banks by SLBC vide letter no. SLBC-Call Centre/105/ 2019 dated 2 nd January, Pending Banks are requested to remit their contribution. Details of calls received & expenses incurred during last four quarters: Name of the Month March- June- Sept.,- Dec.,- Total Number of Calls 1,907 1,780 1,917 1,888 7,492 Total Expenses (in Rs.) 1,55,636 80,763 1,21,156 1,22,449 4,80,004 From the very beginning till the quarter ended December, total 36,517 calls are received. Out of which 35,042 calls were enquiry calls and 1,500 calls were complaint calls. 10

11 3.7 Service Area Approach pertaining to extension of credit facility Instances have been reported where Bank Branches have refused loan applications citing loan applications being out of Sub Service Area allotted to their Branch. In the view of the same and as suggested in the meeting of Steering Sub Committee of SLBC held on , the SSA guideline of RBI as issued vide its circular no. FIDD.CO.LBS.BC.No.1/ / dated 3 rd July 2017 is reproduced hereunder: Point no. 8 (ii) of the above referred circular states that Under SAA the allocation of villages among the rural and semi-urban branches of banks was made not applicable for lending except under Government Sponsored Schemes. Thus, while the commercial banks and RRBs are free to lend in any rural and semi-urban area, the borrowers have the choice of approaching any branch for their credit requirements. Banks are requested to acquaint their Branches regarding above guideline and advise them to desist from the practice of rejecting loan application citing violation of SSA guideline. Owing to Prompt Corrective Action (PCA) and lending restrictions imposed by the RBI on some Banks, other Banks free from any such restrictions are requested not to reject loan applications originating from the SSA of Banks under PCA / lending restrictions, solely because of SSA not pertaining to them. AGENDA No.4 OTHER AGENDA 4.1 Progress under Pradhan Mantri MUDRA Yojana (PMMY) The progress under the scheme as of is as under: Particular (Amt. in crores) Shishu Kishore Tarun Total A/c Disb. Amt. A/c Disb. Amt. A/c Disb. Amt. A/c Disb. Amt. Banks Other Agency Total Agency wise details are Annexure-J1. Against the disbursement target of Rs.8,083 Crore, Banks have so far achieved disbursement of Rs.4,008 Crore i.e % for the FY -19 which needs to be improved. Moreover, agency-wise outstanding and NPA under MUDRA are Annexure-J2. MUDRA being one of the flagship schemes launched by the Govt., it has been repeatedly advised by the Dept. of Financial Services, MoF, GoI on various occasions to increase the visibility of the MUDRA scheme by displaying banners in Bank Branch / ATM premises, prominent locations in the districts and also at the business location of beneficiaries. 11

12 4.2 Implementation of Stand up India Cumulative progress as of under Stand Up India in Gujarat is as under; Sanctions Disbursements Accounts Amount (Rs. in crore) Accounts Amount (Rs. in crore) 4,488 1,233 3, The Bank wise details are Annexure-K. Since the performance under the scheme is not up to the mark, all stakeholders are requested to take note of the following action points to improve performance during the current financial year. Branches and LDMs have to visit the Standupmitra portal on regular basis. DIC, Banks, NABARD and SIDBI have to organise the seminar / workshop / town hall meeting to impart more awareness of the scheme in the State. Display of Banner / Poster showing the salient features of the scheme at Branch / ATM premises. DIC / NABARD / SIDBI may give advertisements through newspaper or local media to make wide publicity of the scheme. SC / ST welfare and Women development department may take lead to generate good number of application under the Scheme. Review the bank wise performance thoroughly during the DLCC meeting and instruct the lagging banks to improve upon the performance. 4.3 Pradhan Mantri Awas Yojana (Urban) Credit Linked Subsidy Scheme As of , total Rs.2,550 Crores subsidy has been disbursed to the 1,21,967 beneficiaries in the State. The PLI / Bank wise details are Annexure-L. Category of PLI No. of cases disbursed Subsidy (Rs. In lakhs) Public Sector Banks (22) Private Sector Banks (13) Regional Rural Banks (3) Co-operative Banks (16) Small Finance Banks (2) Housing Finance Co. (47) Total In the meeting of CLSS Monitoring Committee, Secretary (Housing), Govt. of Gujarat, pointed out that number of beneficiaries under the scheme from Housing Finance Cos. far exceeds from Public Sector Banks, Private Sector Banks, Small Finance Banks altogether. Hence, Banks need to ensure that all eligible housing loan borrowers are extended benefits of the scheme. Banks are also advised to carry out publicity of the scheme at Branch / ATM premises and organising a work shop with real estate developers to create awareness of the scheme. Ministry of Housing and Urban Affairs, Govt. of India vide notification dated 12th June, has enhanced carpet area in MIG I category from upto 120 square meter to upto 160 square meter and in MIG II category from upto 150 square meter to upto 200 square meter. The enhancement in carpet area will be effective from the date the CLSS for MIG had become effective i.e and hence this enhancement in carpet area will enable more number of borrowers to take benefit of the scheme. 12

13 4.4 Roll out of common portal for tracking loan applications sponsored by State Govt. Dept./ Corporations Inconsistency in number of loan application sponsored by various Govt. Dept./ Corporations and disposal of such applications at Bank Branch level has always marred lower credit off take under these welfare schemes and has been a major impediment to undertake review of the progress made in terms loan sanctioned to sponsored application. To overcome this hindrance, the Industries & Mines Dept. of Govt. of Gujarat has developed a common portal to track loan applications sponsored by various Dept./ Corporations of Govt. of Gujarat and forwarded to Bank Branches for sanctioning. The demonstration of the portal was held on and certain additions/ modifications, as suggested by major Banks during demonstration were requested to be incorporated. It is expected that the portal will go live from 1 st April 2019 onwards. 4.5 MSME Support & Outreach Campaign of 100 days The MSME Support & Outreach Campaign was launched on 02 nd November under the aegis of Dept. of Financial Services, MoF, GoI. The campaign was launched in 100 districts across the nation out of which 9 districts were from Gujarat state viz. Ahmedabad, Kutch, Rajkot, Gir Somnath, Bharuch, Vadodara, Valsad, Surat and Surendranagar. Earlier the campaign was slated for 100 days; however, owing underachievement of targets by few districts, the campaign was extended till 28 th February Under the campaign, Mega Camps were conducted in the identified districts of the State and achievement of targets under various seven deliverables of Ease of Access to Credit such as psbloansin59minutes, Loan restructured, MUDRA, CGTMSE, PMEGP, PMKVY & RSETI were emphasised. Besides achieving targets under Ease of Access to credit, Banks were also advised to enroll maximum enrollments under three schemes viz. PMJDY, PMJJBY & PMSBY of Employee Social Security deliverables. The performance of districts against the given targets under the campaign has been enumerated hereunder and the detailed performance under various deliverables Annexure-M. Sr. Districts Identified Sectors / Target % Achievement Clusters (MSME No.) Achievement 1 Ahmedabad Plastics Bharuch Chemicals Kutch Handicrafts Rajkot Foundry Girsomnath Food Processing Surat Powerloom textile Surendranagar Sanitaryware Vadodara General Engineering Valsad Chemicals Total

14 4.6 Connectivity issues hampering Direct Benefit Transfer (DBT) SLBC vide its letter No. SLBC-4/677/ dated 16 th November requested member Banks to submit connectivity issues being faced by their BC / CSP in the prescribed format by , so that such issues are compiled and represented before the Dept. of Telecommunication (DoT), Ministry of Communication, Govt. of India for necessary redressal in pursuance to deliberations held in the meeting convened by the DoT with SLBC on Considering thrust of Govt. in promoting Direct Benefit Transfer (DBT) and the issues of connectivity causing major impediments for Banks in execution of DBT, SLBC forwarded 195 locations in the State, as provided by various Banks to DoT, where BCs are facing recurring connectivity issues. 4.7 Doubling of Farmers Income by 2022 To double farmers income by 2022, as suggested by NABARD it is imperative to a. Increase term lending under agriculture which can give boost to development of infrastructural capital b. Generation of income from sources other than farming needs to be addressed Banks are requested to emphasis on above two key findings of the survey conducted by NABARD which will give a long way in doubling farmers income by Declaration of Drought in 51 Talukas (Sub-district) of 11 District by Govt. of Gujarat The Revenue Dept., Govt. of Gujarat vide its G.R. dated 30 th October, declared 51 Talukas (Sub-district) of 11 Districts of Gujarat as drought affected in the category Moderate to Sever and has called for information about Crop loan financed during the period from to Accordingly SLBC vide its dated 14 th December, submitted requisite details of concerned State Govt. authorities, as submitted by various Banks. However, it has been observed that restructuring of loan accounts in the calamity affected areas are not upto the mark. Hence, Banks are requested to extend relief measured in the calamity declared areas as per the notification issued by the State Govt. in this regard and in the light of RBI s master direction pertaining to Relief Measures by Banks in areas affected by Natural Calamities dated 17 th October,. 4.9 Reporting of cases of Fraud and success stories by Banks RBI in its meeting held with SLBC on advised SLBC to discuss and disseminate modus operandi of the fraud cases, so as to alert Banks regarding contemporary modalities being adopted in fraud cases and prevent further occurrence of such cases. SLBC vide its letter dated 31 st December requested Banks to share cases of Fraud / Phishing/ Cyber-crime with SLBC, so that the modus operandi being adopted by offenders could be brought to the knowledge of various Banks, so as to prevent further reoccurring of such crimes. However, none of the member banks have reported case of cyber fraud and success stories to SLBC, for presentation in the SLBC meeting. 14

15 4.10 Creation of user IDs for the Centralized Public Grievance Redress And Monitoring System (CPGRAMS) Centralized Public Grievance Redress And Monitoring System (CPGRAMS) is an online web-enabled system which primarily aims to enable submission of grievances by the aggrieved citizens from anywhere and anytime (24x7) basis to Ministries/Departments/Organisations who scrutinize and take action for speedy and favorable redress of these grievances. Tracking grievances is also facilitated on this portal through the system generated unique registration number. As of now, the Banking services related grievances pertaining to various Bank Branches in Gujarat are being forwarded to SLBC. However, to further redirect the grievance to Controlling Offices of various Banks in Gujarat, it is required that User profile of Controlling Offices of various Banks is created on this portal under the SLBC. In the view of the same, SLBC vide its dated 13 th November and a reminder dated 05 th February 2019 requested Banks to revert with requisite details, so that user could be created in the portal by the SLBC. However, so far, only State Bank of India, Saurashtra Gramin Bank and 4 DCCBs have reverted with details. All Banks pending with submission of details for creation of user profile are requested to submit (1) Complete Office Address with PIN Code (2) Nodal Public Grievance Officer s Name and Designation and (3) Nodal Public Grievance Officer s Mobile, Land line number and address Campaign to achieve saturation under Kisan Credit Card (KCC) The Dept. of Agriculture, Cooperation & Farmers welfare (DAC & FW), Govt of India has decided to launch a special drive in campaign mode with an objective to saturate the farmers under the KCC scheme and the same has been communicated to SLBC by Dept. of Financial Services (DFS), Ministry of Finance, Govt. of India vide its letter No. F.No.3/7/2019-AC dated 04 th February Lead District Managers of Banks should actively associate with State/ District administration and coordinate with various SCBs, RRBs and Cooperative Banks in organising village-wise or bank branch-wise camps. Banks are advised to adhere to guidelines issued by Indian Banks Association (IBA) vide its letter no. SB/Cir/KCC/-19/6778 dated regarding waiver of Processing, Documentation, Inspection, Ledger Folio charges and all other service charges for KCC/ Crop loans upto Rs 3 lakhs. The letter of DFS in this regard and a simplified KCC application form, as circulated by the IBA Annexure-N. Kisan Credit Card (KCC) Scheme for Animal Husbandry and Fisheries In the Budget the Union Government announced to extend the facilities of Kisan Credit Card (KCC) to Animal Husbandry farmers and Fisheries (AH & F) to assist individuals engaged in Animal Husbandry / Fisheries to meet their working capital requirements. In pursuance of the said budget announcement, RBI vide its circular no. FIDD.CO.FSD.BC. 12 / /-19 dated 4 th February 2019 has published guidelines to extend Kisan Credit Card Scheme for Animal Husbandry Farmers and Fisheries (AH & F). The said circular of RBI is Annexure-O. Credit Flow to Agriculture Collateral free Agriculture loan The sixth bi-monthly monetary policy committee of RBI for the year -19 in its statement announced enhancement in the collateral free agriculture loan to farmers from present limit of Rs 1 lakh to Rs 1.6 lakh in tandem with rise observed in the level of inflation and agriculture input cost. Banks are requested to acquaint their field functionaries about the enhancement in the collateral free Agriculture limit. The notifications issued by the RBI in this regard is Annexure-P. 15

16 AGENDA No.5 REVIEW OF BANKING DEVELOPMENTS IN KEY AREAS FOR THE QUARTER ENDED DECEMBER, : During the quarter ended December,, total number of bank branches increased by 257 taking the total network of branches from 9353 as of March, to 9610 as of December, in the State as per the details given in Annexure- 1. BRANCH EXPANSION Particulars For the quarter ended Bank Group Dec., March, Dec., Growth Variation over 2017 y-o-y March, State Bank Group Nationalised Banks RRBs DCCBs GSCARDB Private Sector Banks Small Finance Banks Total DEPOSITS GROWTH : The aggregate deposits of the banks in Gujarat increased by Rs.933 Crores in absolute terms from Rs.6,74,295 Crores as of September, to Rs.6,75,228 Crores as of December, registering growth of 0.14% as against growth of 0.47% for the corresponding period of the previous year. The banks groupwise deposit growth and level as of December, are given below. The bankwise and districtwise details are given in Annexure 1A & 1B. FOR THE PERIOD ENDED (Rs. in Crores) Absolute BANK GROUP Dec., March, Dec., Growth growth over 2017 Y-o-Y March, State Bank Group 1,36,131 1,38,950 1,44,227 8,096 5,277 (0.90%) (3.28%) (-) 0.36% (5.95%) (3.80%) Nationalised Banks 3,32,446 3,36,046 3,33, ,945 (-) 0.30% (1.46%) (0.02%) (0.20%) (-) 0.88% RRBs 12,148 12,599 13,211 1, (1.22%) (5.68%) (1.33%) (8.75%) (4.86%) DCCBs 25,247 26,567 27,146 (- 1, (-) 0.37% (6.87%) )0.47% (7.52%) (2.18%) GSCARDB (-) 1.13% (-) 4.01% (2.27%) (2.66%) (2.66%) Private Banks 1,28,495 1,47,969 1,55,914 27,419 7,945 (2.16%) (22.29%) (0.60%) (21.34%) (5.37%) Small Finance Banks 1,358 1,358 1,358 (NA) (NA) (NA) TOTAL 6,34,730 6,62,394 6,75,228 40,498 12,834 (0.47%) (6.19%) (0.14%) (6.38%) (1.94%) (Figures in the brackets for the quarters ended December indicate % growth over previous quarter, whereas figures in the brackets for the period ended March indicates % growth over previous year). 16

17 During the quarter, the positive growth was registered by GSCARDB (2.27%) followed by RRBs (1.33%), Private Sector Banks (0.60%) and Nationalised Banks (0.02%). Whereas, DCCBs (0.47%) and State Bank of India (0.36%) registered negative growth. The NRI deposits increased by Rs. 97 Crores and stood at Rs.73,475 Crores forming 10.88% of the total deposits as of December, as against Rs.73,378 Crores (10.88%) as of September,. CREDIT EXPANSION : During the period under review, the aggregate credit increased by Rs.13,569 Crores in absolute terms from Rs.5,70,870 Crores as of September, to Rs. 5,84,439 Crores as of December, registering a growth of 2.38%, as against a growth of 3.87% for the corresponding period of previous year. The banks groupwise credit growth and level as of December, are given below. The bankwise and districtwise details are given in Annexure 1A & 1B. BANK GROUP Dec., 2017 FOR THE PERIOD ENDED March, Dec., Growth Y-o-Y (Rs. in Crores) Absolute growth over March, State Bank Group 96,949 1,01,111 1,10,854 13,905 9, % (11.85%) (3.80%) (14.34%) (9.64%) Nationalised Banks 2,02,495 2,06,248 2,11,292 8,797 5,044 (2.28%) (5.73%) (1.15%) (4.34%) (2.45%) RRBs 7,147 7,517 8,426 1, (2.14%) (18.38%) (6.04%) (17.90%) (12.09%) DCCBs 19,129 17,141 22,527 3,398 5,386 (-) 0.23% (6.56%) (1.10%) (17.76%) (31.42%) GSCARDB (0.00%) 3.58% (-)0.89% (-) 1.24% (-) 3.46% Private Banks 1,82,497 2,06,797 2,26,457 43,960 19,660 (7.47%) (36.44%) (2.54%) (24.09%) (9.51%) Small Finance Banks 4,324 4,324 4,324 (NA) (NA) (NA) TOTAL 5,08,782 5,39,392 5,84,439 75,657 45,047 (3.87%) (17.25%) (2.38%) (14.87%) (8.35%) (Figures in the brackets for the quarters ended December indicate % growth over previous quarter, whereas figures in the brackets for the period ended March indicates % growth over previous year). The data reveal that the overall growth in outstanding advances was 2.38% during the quarter under review which was contributed mainly in percentage terms by RRBs (6.04%) followed by State Bank of India (3.80%), Private Banks (2.54%), Nationalised Banks (1.15%) and DCCBs (1.10%). Whereas, GSCARDB (0.89%) registered negative growth. 17

18 CREDIT DEPOSIT RATIO: The Bank groupwise Conventional CD Ratio is given below: FOR THE PERIOD ENDED Bank Group Variation over Dec., 2017 March, Dec., March, State Bank Group Nationalised Banks RRBs DCCBs Pvt. Sector Banks Conventional CD Ratio The CD Ratio of the State has increased by 5.12% and 6.39% over March, and December, 2017 respectively and stood at 86.55% as of December,. As per the RBI guidelines, the CD Ratio, inclusive of RIDF, for the State as a whole is as under: ( Rs./ Crores ) Advances RIDF Total Deposits CD Ratio 5,84,439 25,697 6,10,136 6,75, CD Ratio Below 40% As of December,, the CD Ratio in the following 6 (Six) districts is below 40% where the all Stakeholders are required to put in special efforts to increase the same. Sr. Name of District CD Ratio CD Ratio CD Ratio Variation over Dec., 2017 March, Dec., March, 1 Dangs Navsari Anand (-) Porbandar Kheda Tapi Mahisagar From the above table, it can be seen that CD Ratio in 6 districts has increased over March, except Anand where it has decreased. However, CD Ratio of Anand district has increased by 2.98% over December CD Ratio of Mahisagar has crossed the mark of 40% as of December,. The Lead District Managers of remaining 6 districts are requested to initiate immediate action to improve CD Ratio. As of December,, the Dangs (14.53%) in the State is having CD Ratio below 20%. 18

19 PRIORITY SECTOR LENDING : An analysis of the performance in terms of the targets is presented as under : I. The %wise growth under various areas of priority sectors in respect of All Banks (Excluding RRBs and SFBs) was as under : Parameter Priority Sectors March, Outstanding as of % Achi. of NBC Dec., % Achi. of NBC Absolute Growth over March, (Rs./Crores) % increase over March, 40% 2,20, ,51, , Agri. Adv. 18% 74, , , Weaker 10% 38, , , Section Adv. (% of achievement based on total advances of previous year, as per RBI guidelines) It reveals from the above data that the Priority Sector Advances have surpassed the benchmark. Though there is an increase in absolute growth in Agriculture Advances, but the benchmark level could not be achieved in Agriculture Advances and Weaker Section. II. Parameter Priority Sectors The percentage-wise growth under following areas of priority sectors in respect of Regional Rural Banks was as under : Benchmark Benchmark March, Outstanding as of % Achi. of NBC Dec., % Achi. of NBC (Rs. /Crores) Absolute Growth over March, % increase over March, 75% 6, , Agri. Adv. 18% 4, , Weaker 15% 2, , Section Adv. (% of achievement based on total advances of previous year, as per RBI guidelines) Bankwise / Districtwise details are given in Annexure - 2 & 3. RRBs have achieved / surpassed the stipulated benchmarks of 75%, 18% and 15% under Priority Sectors, Agriculture Advances and Weaker Sections respectively. III. The Bank groupwise percentage share of various components of Priority Sector advances as of December, is as under: Sector State Bank of India Nationalised Banks Private Banks Co-op Banks RRBs All Banks PS ADVs 31.63% 55.17% 40.97% % % 48.62% AGRI. ADVs 10.41% 17.03% 8.21% 89.96% 72.72% 15.73% WS ADVs 11.11% 8.42% 4.16% 26.03% 40.27% 8.55% 19

20 From the above table, it can be observed that except the benchmark under PS Advances, Banks have not reached to stipulated benchmark under Agriculture and Weaker Section Advances. Performance of SBI Group requires to be improved under PS and Agriculture segments, whereas Nationalised Banks and Private Sector Banks need much improvement under Agriculture and Weaker Section advances. The Member Banks which are below the benchmark (as per Annexure-2) are requested to improve their performance under Priority Sector, Agriculture and Weaker Section advances, so as to achieve the National Goals. As per revised guidelines of RBI for Priority Sector, the sub-target for Small & Marginal farmers is 8% and for Micro Enterprise is 7.5% of ANBC against which, as of December,, all banks together stood at Rs. 28,808 Crore i.e. 5.34% and Rs. 44,934 Crore i.e % respectively. AGENDA No.6 PROGRESS UNDER SERVICE AREA CREDIT PLAN (SACP) -19: The Statement LBS - MIS-I, II & III for achievement under Annual Credit Plan -19 for the quarter ended December of the State is given in Annexure - 4. The summary of target vis-a-vis achievement for the quarter ended December, under Priority Sector Annual Credit Plan -19 is presented hereunder. No. Priority Sector Target Disbursement upto end of quarter (Amount in Rs.Crores) % Achievement A/c Amt. A/c Amt. A/c Amt. 1 Agriculture Of which Farm Credit MSME Export Credit Education Housing Other PSA Total PSA The overall achievement in disbursement under Annual Credit Plan (ACP) for Priority Sectors by all the Banks was 51.04% in respect of targets in number of accounts and 94.24% in respect of targets in amount for the quarter ended December,. The highest percentage achievement in terms of amount was recorded in MSME % followed by Housing 74.21%, Other PSA 71.19%, Agriculture 70.64%, Export Credit 47.43%, and Education 38.60%. Out of 33 districts in the State, upto the quarter ended December,, as many as 24 districts remained below the State average of 94.24% under ACP -19. The sector-wise, bankwise and districtwise details under Priority Sector Advances are given in Annexure 5, 5(A) to 5(H). Agency wise & sub-sector wise Ground Level Credit Disbursement under Agriculture for the quarter ended December, is given in Annexure - 6.

21 AGENDA No.7 POSITION OF CASES FILED UNDER GUJARAT STATE RECOVERYACT,1979 (Rs. in Crores) No. Particulars December, Accounts Amount 1 Cumulative certificates filed 1,20, Cumulative Recovery effected 45, Of which, cases closed (44,811) (76.12) 3 Cases pending 76, Of which,cases pending for more than 3 years 55, more than 2 years to 3 years 7, more than 1 year to 2 years 8, cases pending for less than 1 year 5, District wise details are given in Annexure - 7. All Lead District Managers are requested to incorporate the Agenda on Recovery Certificates, if not done, and critically review the position of pending Recovery Certificates in every DLCC meetings and pursue the matter with the District Authorities for immediate disposal of the same. The Revenue Department is requested to issue instructions to the District Authorities for quick disposal of pending Recovery Certificates and extend necessary help and support to the Banks in recovery in chronic cases. Bankwise position of Outstanding, NPA, Percentage of NPA to Outstanding at the quarter ended December,. The Gross Advances of the Banks in the State of Gujarat is Rs. 5,84,439 Crores and Gross NPA is Rs.38,520 crores i.e 6.59% as of December,. Consolidated details are as per Annexure - 8. (Amt. Rs. in crores) Particulars Amt. Outstanding Amt. of Gross NPA % NPA to Outstanding Crop Loan 48,277 2, Agri. Term Loan 36,592 3, Total Agriculture 84,869 5, MSME 1,19,818 8, Other PS 57,579 1, Total Priority Sector 2,62,266 16, Non Priority Sector 3,22,173 22, Total Advances 5,84,439 38, Others Housing Loan 72, Education Loan 3, All Member Banks are requested to ensure accurate reporting of NPA so as to present factual position. 21